Bucks

Philadelphia - PA USA - Industrial Submarket

Industrial real estate intelligence for the Bucks submarket. 83.4M SF of inventory with 8.7% vacancy. Data sourced from various MLS platforms.

83.4MSF

Inventory

6.2MSF

Available

8.7%

Vacancy

7.4%

Availability Rate

$11.68

Asking Rent

1.7%

Rent Growth

-596,169SF

12mo Absorption

406KSF

Under Construction

Market Metrics

12mo Delivered

1.7M SF

Under Constr % of Inv

0.5%%

Sale Price/SF

$135

Cap Rate

7.4%%

12mo Sales Volume

$223,705,060

Sales Vol Growth

-28.3%

Asset Value

$11,355,269,338

Net Absorption

-596,169 SF

Recent DC Sales in Market

Property	Price	SF	Buyer
Philadelphia Data Center	$16.3M	25,718	Landmark Dividend
Boulden Interchange Park	-	61,000	Investcorp
Verizon Colocation Center - King of Prussia	$57.9M	49,998	Mapletree US Management, LLC
Philadelphia Data Center	-	25,718	Prologis, Inc.

Available DC Space in Market

Property	Avail SF	Rent	Owner
2201 Green Ln	57,500	$9.10 - 11.12 (Est.)	The Leser Group
Phoenixville Corporate Center	100,000	$11.19 - 13.68 (Est.)	Scranton Maxillofacial
100 Mount Holly Bypass	54,860	$10.75 - 13.14 (Est.)	Miles Technologies
Building 34	116,714	Not Disclosed	-
Building 33	30,933	Not Disclosed	-

Data Centre Development Potential

High vacancy (8.7%) in Bucks may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 406K SF indicates developer confidence in the submarket. Negative absorption of 596K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.